We convert your PDF drawings and spend data into structured cost drivers, quantified savings potential, and negotiation-ready target prices. Fixed scope. Up to 200 parts. Results in 2 weeks.
Your supplier just raised prices. The review meeting is in weeks. Without technical benchmarks and cost breakdowns, your position won't hold up in the room.
Drawings Locked in PDFs
Your CAD documents contain the exact cost drivers — dimensions, materials, tolerances — but they're unstructured. Without that data, every price decision is guesswork.
Savings Needed Now — Not in Six Months
A full platform rollout takes time you don't have. You need to show quantified savings impact now — to management, to procurement, to the negotiation table.
Trusted by Industry Leaders Procurement and engineering teams at leading manufacturers rely on COVALYZE
THE FAST TRACK
One commodity group. Two weeks. Defined scope.
2 Weeks Delivery time
Up to 200 Technical Drawings analyzed
1 Commodity group
6.5% Avg. savings identified*
How the package works
From raw drawings to negotiation-ready output.
One fixed-scope package. Everything handled by our team.
01Extraction
02Quantification
03Target pricing
04Consolidation
05Handover
01Extraction
Technical Drawing Extraction
PartIQ's multi-AI system extracts all cost-relevant parameters from your 2D PDF drawings — dimensions, materials, tolerances, surface treatments — structured and ready for analysis.
Extraction accuracy above 95%, so your analysis starts from clean, trustworthy data instead of manual transcription.
Technical drawing parameters extracted into structured data
02Quantification
Savings Potential Quantification
We benchmark your prices against our model, identify outliers, and calculate your savings potential per part number.
Not a rough estimate — a structured analysis you can defend internally, line by line.
COVALYZE savings potential analysis dashboard
03Target pricing
Negotiation-Ready Target Prices
Feature-based target prices built from over €1 billion of analyzed spend across 250+ categories.
Credible, data-driven, and ready to use in your next supplier meeting.
COVALYZE feature-based target price calculator
04Consolidation
Similar Parts & Consolidation Opportunities
Technically equivalent parts purchased at different prices or from different suppliers — identified automatically.
Consolidation and variant-reduction opportunities are included in your report.
COVALYZE similar parts detection and clustering
05Handover
Results Walkthrough Session
A structured handover session with one of our specialists.
We walk you through every finding, explain the methodology, and help you plan your next steps into the negotiation.
COVALYZE specialist walking a client through the results
PRICING
Choose your entry point.
Start with a fixed-scope Fast Track and see results in two weeks — or talk to us about a full-platform engagement.
FAST TRACK
Digitalization Fast Track
A defined, fully managed engagement. You send drawings and spend data; we deliver structured cost drivers, savings quantification, and negotiation-ready target prices.
Ongoing savings identification across your entire spend portfolio. Full access to COVALYZE Analytics and PartIQ, with dedicated onboarding and support.
Provide your 2D technical drawings (PDF) and a basic spend export — part numbers, prices, quantities, supplier names — for one commodity group. We run a 30-minute kickoff call to align on scope and inputs.
20%
~2 days
02 AI Extraction & Analysis
We extract, model, and benchmark
PartIQ processes your drawings and extracts all technical parameters. COVALYZE Analytics benchmarks your prices, identifies savings outliers, detects similar parts, and builds your target price model.
75%
~8–10 days
03 Results Handover
You receive your target prices and savings report
We present the full output in a structured session: savings quantification by part, feature-based target prices, supplier benchmarks, and a recommended negotiation approach.
100%
Week 2
Client Results
Real outcomes from technical and procurement analytics.
A few more client results from the case library, each driven by the same markdown-based format.
* Average savings figure of 6.5% is based on identified savings
potential across Fast Track and full-platform engagements since 2019.
Actual results vary by commodity, supplier base, and data quality.
Testimonials
What procurement leaders say.
Leading enterprises work with COVALYZE to transform their procurement operations. Our product and services deliever measurable cost savings and actionable intelligence across complex technical categories.
COVALYZE offers amazingly deep insights into technically complex product groups. We were impressed by the clear visualization of potential savings and the ease of use when navigating through the data. The automatic clustering of similar parts is particularly noteworthy. We have never seen this before in any other software.
Deutsche Bahn has already optimized several complex product groups with the COVALYZE software since 2022 and is currently rolling out the software solution. We see the software as a significant boost in the digitalization of complex data models for the operation of Deutsche Bahn AG's facilities and are aiming for a long-term partnership with COVALYZE.
The CVE team at Siemens SI has tested COVALYZE for mechanical components. The results obtained were examined in detail and found to be very good. The tool enables global price comparisons, taking into account the technical properties of the parts. With the digitalization of technical drawings and the Similar Part technology, COVALYZE shows what is technically possible today.
We have already used COVALYZE for our numerous mechanical components. COVALYZE convinced us with its high level of automation in data cleansing. We were quickly able to confirm the calculated savings potential with selected suppliers by obtaining lower prices from other suppliers.
Book the Fast Track.
Limited capacity each month. Contact us to check availability and align on your commodity scope.